25 Layne Rd Somerset, NJ 08873
Estimated Value: $649,816 - $713,000
--
Bed
--
Bath
2,300
Sq Ft
$300/Sq Ft
Est. Value
About This Home
This home is located at 25 Layne Rd, Somerset, NJ 08873 and is currently estimated at $689,204, approximately $299 per square foot. 25 Layne Rd is a home located in Somerset County with nearby schools including Franklin High School, Rutgers Preparatory School, and Cedar Hill Preparatory School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2012
Sold by
Lee Carolyn and Lee Bruce
Bought by
Nelson Lynne
Current Estimated Value
Purchase Details
Closed on
Sep 24, 2007
Sold by
Leung Angel and Leung Mun Chi
Bought by
Nelson Lynne C and Lee Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,825
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 29, 2004
Sold by
Burton Friedberg
Bought by
Leung Angel and Leung Mun Chi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.33%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nelson Lynne | -- | None Available | |
| Nelson Lynne C | $393,500 | New Jersey Title Ins Co | |
| Leung Angel | $360,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nelson Lynne C | $321,021 | |
| Closed | Nelson Lynne C | $373,825 | |
| Previous Owner | Leung Angel | $288,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,032 | $550,600 | $362,200 | $188,400 |
| 2023 | $9,324 | $480,600 | $292,200 | $188,400 |
| 2022 | $8,819 | $430,600 | $242,200 | $188,400 |
| 2021 | $8,098 | $379,900 | $192,200 | $187,700 |
| 2020 | $8,460 | $369,900 | $182,200 | $187,700 |
| 2019 | $8,111 | $349,900 | $162,200 | $187,700 |
| 2018 | $7,843 | $334,900 | $147,200 | $187,700 |
| 2017 | $7,638 | $324,900 | $137,200 | $187,700 |
| 2016 | $7,466 | $314,900 | $127,200 | $187,700 |
| 2015 | $7,298 | $309,900 | $122,200 | $187,700 |
| 2014 | $7,538 | $324,900 | $137,200 | $187,700 |
Source: Public Records
Map
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